📉 Did BSE Really Crash 67% Today? No. Your Broker App Is Just Bad at Maths.

By Prashant Marathe | 23 May 2025 | EduInvesting

📌 At a Glance

This morning, traders across India nearly spilled their chai when BSE Ltd appeared to crash from ₹2,940 to ₹950 — a “67% wipeout”.
X (formerly Twitter) exploded.
WhatsApp groups went DEFCON 1.
Even your cousin Ramesh who bought 2 shares last year asked if SEBI had filed for bankruptcy.

But here’s the truth:

It was a stock split.
Not a scandal. Not a crash. Just… math.

🪓 What Actually Happened?

✅ Stock Split 1:2

• BSE Ltd went ex-split on 23 May 2025
• Face value changed from ₹2 to ₹1
• Shares doubled in quantity, price halved

So if you had 10 shares at ₹2,940 = ₹29,400
Now you have 20 shares at ₹1,470 = ₹29,400
Nothing changed. Except the collective IQ